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Cal. Gov. Code § 20677.96

Normal Contributions

Known as the Public Employees’ Retirement Law

The act spans §§ 20000 to 21716 (1,037 sections).

Added by Stats. 2012, Ch. 296, Sec. 22

(a) Notwithstanding Sections 20677.95 and 20687, beginning July 1, 2013, the normal rate of contribution for employees subject to subdivision (a) of Section 20677.95 shall be the contribution established pursuant to Section 20677.95, as adjusted by Section 7522.30, in excess of the compensation identified in subdivision (c) of Section 20677.95 and effective July 1, 2014, the normal rate of contribution for employees subject to subdivision (a) of Section 20677.95 shall be the contribution established pursuant to Section 20677.95, as adjusted by Section 7522.30, in excess of the compensation identified in subdivision (b) of Section 20677.95.

(b) The contribution rate for a related state employee who is exempted from the definition of “state employee,” or an officer or employee of the executive branch who is not a member of the civil service, shall be adjusted accordingly.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.